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Hundreds of DACA recipients can travel and return to the U.S. legally for the first time

Over 100 beneficiaries of the Deferred Action for Childhood Arrivals program (DACA) can legally travel internationally for the first time starting this week, after a judge granted their request for a special permit to re-enter the United States.

Why it matters: Nearly 700,000 people in the program would normally face deportation if they left the U.S. for educational trips or family emergencies like grandparents’ funerals.

  • But a group of new graduates has just received authorizations that sometimes take over two years to process, after successfully suing immigration officials to expedite the so-called advance paroles.

The big picture: DACA recipients, most of whom only know the United States as home, have temporary work or study permits but await a more stable future with a proposed path to citizenship.

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Why the startup world needs to ditch "unicorns" for "dragons"

When Aileen Lee originally coined the term "unicorn" in late 2013, she was describing the 39 "U.S.-based software companies started since 2003 and valued at over $1 billion by public or private market investors."

Flashback: It got redefined in early 2015 by yours truly and Erin Griffith, in a cover story for Fortune, as any privately-held startup valued at $1 billion or more. At the time, we counted 80 of them.

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Scoop: Facebook's new moves to lower News Feed's political volume

Facebook plans to announce that it will de-emphasize political posts and current events content in the News Feed based on negative user feedback, Axios has learned. It also plans to expand tests to limit the amount of political content that people see in their News Feeds to more countries outside of the U.S.

Why it matters: The changes could reduce traffic to some news publishers, particularly companies that post a lot of political content.

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